Trade SpareBank 1 SMN - MING CFD

Trading Conditions

• TypeThis financial market is available for CFD trading.Learn more about:CFDs: CFD
• Spread: 1.2
• Long position overnight funding adjustmentLong position overnight funding adjustmentMargin. Your investmentNOK 1,000.00Overnight funding adjustmentCharges from full value of position-0.023111 %(-NOK 4.60)Trade size with leverage ~ NOK 20,000.00Money from leverage ~ $NOK 19,000.00Go to platform: -0.02311%
• Short position overnight funding adjustmentShort position overnight funding adjustmentMargin. Your investmentNOK 1,000.00Overnight funding adjustmentCharges from full value of position0.000889 %(NOK 0.20)Trade size with leverage ~ NOK 20,000.00Money from leverage ~ $NOK 19,000.00Go to platform: 0.00089%
• Overnight funding adjustment time: 21:00 (UTC)
• Currency: NOK
• Min traded quantity: 1
• Margin: 5.00%
• Stock exchange: Norway
• Commission on trade: 0%
• Guaranteed stop premiumA guaranteed stop-loss (GSL) fee is only charged if the GSL is triggered. Please consult the Charges and Fees section of our website for more details.: 1%

• Margin. Your investment: NOK 1,000.00
• Overnight funding adjustmentCharges from full value of position: -0.023111 %
  (-NOK 4.60)

• Margin. Your investment: NOK 1,000.00
• Overnight funding adjustmentCharges from full value of position: 0.000889 %
  (NOK 0.20)

Key Stats

• Prev. Close: 198.9
• Open: 204
• 1-Year Change: 5.15%
• Day's Range: 201.8 - 208.1

Trade SpareBank 1 SMN - MING

About SpareBank 1 SMN

SpareBank 1 SMN (the Bank) is a Norway-based regional bank. It is engaged in the provision of both banking and financial products and services to individual and corporate customers. The Bank’s offering includes such products and services, as loans, mortgage, insurance, pension funds and savings accounts, as well as commercial leasing, shares, bonds and asset management services. The Bank is present in 52 locations in 43 municipalities in the Norwegian counties of Sogn, Fjordane, More and Romsdal. The Bank is a division of the SpareBank 1 alliance. SpareBank 1 SMN is active through the subsidiaries: EiendomsMegler 1 Midt-Norge AS, SpareBank 1 SMN Regnskap AS, SpareBank 1 SMN Finans AS, SpareBank 1 Bilplan AS, Allegro Finans ASA and SpareBank 1 SMN Card Solutions AS.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, SpareBank 1 SMN interest income decreased 7% to NOK3.92B. Net interest income after loan loss provision increased 46% to NOK2.64B. Net income applicable to common stockholders excluding extraordinary items increased 50% to NOK1.71B. Net interest income after loan loss provision reflects CM segment increase from NOK303M to NOK975M, SMN Finans segment increase of 32% to NOK425M.

Equity composition

05/2005, Rights Issue, 1 new share for every 3.5 shares held @ NOK200.11/2005, 25% bonus issue, 4-for-1 stock split & Nominal value changed from NOK 100. 03/2004, Scrip Issue, 1 new share for every 4 shares held. 03/2009, Script Issue, 1 new share for every 5 shares held. 3/2010, Rights Issue, 9 new shares for every 25 shares held @ NOK33 (Factor:1.1166).